New 3 Bedroom Apartments for Rent in Memphis, TN (38 Rentals)

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

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2283 Young Ave
Built in 20223 Bedroom Apartments

2283 Young Ave

2283 Young AveMemphis, TN 38104
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750-758 Meda St
Built in 20233 Bedroom Apartments

750-758 Meda St

750-758 Meda StMemphis, TN 38104
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2395 Avery Ave
Built in 20213 Bedroom Apartments

2395 Avery Ave

2395 Avery AveMemphis, TN 38112
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The Charleston
Built in 20253 Bedroom Apartments

The Charleston

5387 Alladin AveMemphis, TN 38120
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Mason Homes on 4th
Built in 20183 Bedroom Apartments

Mason Homes on 4th

900 S 4th StMemphis, TN 38126
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Forum Flats
Built in 20193 Bedroom Apartments

Forum Flats

441 E Pontotoc AveMemphis, TN 38126
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Askew Place
Built in 20163 Bedroom Apartments

Askew Place

650 E Georgia AveMemphis, TN 38126
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Uptown Flats
Built in 20183 Bedroom Apartments

Uptown Flats

627 N Main StMemphis, TN 38107
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Patterson Flats
Built in 20183 Bedroom Apartments

Patterson Flats

259 E Butler AveMemphis, TN 38126
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Burkle and Main
Built in 20213 Bedroom Apartments

Burkle and Main

812 N Main StMemphis, TN 38107
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Parcels at Concourse
Built in 20163 Bedroom Apartments

Parcels at Concourse

1350 Concourse AveMemphis, TN 38104
Corporate Housing
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Carolina Terrace
Built in 20233 Bedroom Apartments

Carolina Terrace

699 Meditation LnMemphis, TN 38103
Corporate Housing

The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

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Forest Creek Townhomes
$2,800 - $2,981
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$2,881 - $2,981

Total Monthly Price
$2,881 - $2,981
Built in 20263 Bedroom Apartments Available Now

Forest Creek Townhomes

4627 Irene Woods LnCollierville, TN 38017
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11311 Ardsley Dr S
Built in 20213 Bedroom Apartments

11311 Ardsley Dr S

11311 Ardsley Dr SArlington, TN 38002
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Frisco Park
Built in 20213 Bedroom Apartments

Frisco Park

408 S Avalon StWest Memphis, AR 72301
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The Charleston
Built in 20163 Bedroom Apartments

The Charleston

9981 US Highway 64Arlington, TN 38002
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Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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Millington Flats
Built in 20233 Bedroom Apartments

Millington Flats

7289 Raleigh Millington RdMillington, TN 38053

Memphis, TN Local Guide

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about 3 Bedroom Memphis Apartments

What is the Cheapest apartment in Memphis with 3 Bedroom?

Currently the most affordable 3 Bedroom in Memphis is at Creekside Meadows listed at $825.

How much is the average rent for a 3 Bedroom Memphis Apartment?

The average rent for a 3 Bedroom Apartment in Memphis is $1,694.

What is the largest available 3 Bedroom Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 2,822 square feet unit starting from $2,985 at Indigo Riverview.

What is the average size for Memphis 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Memphis is currently 1,433 sq ft.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Written by: Joshua Carlucci

Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

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The Local Memphis Expert's Guide to Renting Near the Citys Top Employers

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.

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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.